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Xavier Castañer

Professor, University of Lausanne

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Corporate finance

Does ‘good’ corporate governance prevent bad strategy?

March 18, 2012August 19, 2024

In an article with N. Kavadis forthcoming in the Strategic Management Journal, we examine whether what agency theory proposes as good corporate governance and which has diffused as law and …

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The currently biased use of the conglomerate term by stock analysts and strategy consultants

April 5, 2011August 19, 2024

Business diversification – a corporation being active in more than one business or industry – is currently viewed negatively. Influenced by organizational economics and finance – agency theory (e.g. Ross, 1973; …

The currently biased use of the conglomerate term by stock analysts and strategy consultants Read More

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